From

our blog.

Can I Find You A Perfect Match?.

November 8, 2018

Wanted.  Must be a strong performer with a proven track record.  Must be able to go the distance when things get tough.  Please send references, collateral files, and pay histories before making a decision for a commitment.

 

Wanted.  Looking for no drama, no vacancies, no termites, and regular monthly deposits into my bank account!

 

 

Can anyone make a perfect match out of this?  It depends.

 

If you want to find out more, call Gail The Note Gal!

 

Gail will help you in making that perfect match a reality by asking some questions such as:

  • What do you want to accomplish?
  • What are your investment strategies?
  • What is your risk tolerance?
    • Are you risk averse?
    • Do you want a more conservative approach?
  • Are you interested in investing in single family homes, multi-family homes, commercial properties, apartment buildings?
  • Do you have a little money? If so, there are some very cool and creative options for you to consider that might “match your” investment strategy!
  • Do you want to invest in one asset or a few assets? Do you want to invest in your home state or in a neighboring state?

 

Why don’t you give Gail a call today?  Or drop her a text at 321-417-1142.

Email: gail@gailthenotegal.com

Check out her Youtube Page

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Your Riches Are In The Niches!.

September 7, 2018

Your Riches Are In The Niches? What the heck is that supposed to mean? Aside from the rather catchy title, this concept has been in and out of my consciousness for the last year or so. Let me explain.

 

 

I have been in and around the real estate industry since I was 10 years old. Let’s just say that equates to as many decades that I have fingers on one hand. I started by helping my Dad and Uncle Ernie paint and clean their rentals. They would tell me that if something is clean and in somewhat decent shape someone would buy it or rent it. My Dad was and Uncle Ernie continues to be wise beyond their years. Although my Dad is now in Heaven, Uncle Ernie is still an active real estate broker in San Francisco. He is loved beyond words and most of his business comes from referrals. At age 92, he now has 68 years of experience. I am both happy and proud that he was one of my first mentors. Let’s get back to the title of this article. Please don’t misconstrue that “niches” are the “shiny objects” that one chases as they aspire to make “millions in the real estate business” or the “get rich quick overnight” syndrome that plagues each and every one of us by advertising and emails that bombard our mailboxes on a daily basis. Niches, by the definition I am referring to, are “a situation or activity specially suited to one’s character or abilities.” Okay… well, I love things that fly thanks to my career Air Force pilot Dad. Rockets fascinate the heck out of me so my 26-year stint with NASA was the most incredible experience of my life.

And real estate seems to be in my DNA since a great majority of my family is made up of Realtors, General Contractors, Developers, and the rest just love living in homes! (Just kidding, I had to account for the rest of my family!) Strangely enough, I was able to find interesting intersections on how and why I am where I am now. I learned about rehabbing houses and managing rentals when I was relatively very young. I’ve always had a love of art and things of beauty instilled in me by my parents. I learned about honor and integrity, doing the right thing even when no one is looking from my parents too. I learned about service above self when I would spend countless hours, days, weeks, and months sleep deprived while helping launch Shuttles, satellites, and being a part of our nation’s space program during both exciting and devasting times. I also saw first hand what it was like to see my friends and colleagues lose their jobs after the Shuttle Program ended. They also lost their homes and their marriages too. The suicide rate climbed during those dark years.

I vowed that if I EVER got into a position where I could help people find a place to live and keep their homes, I would do it! I have been a long time investor even during my years at NASA. My husband and I became quite successful at the “Buy and Hold” and “Fix and Flip Game.” Thanks to a couple of “Un-Reality” TV shows, I knew immediately my “niche” had to change. Suddenly, everyone was an investor/rehabber/wannabe. The “buy and hold” and “fix and flip” market and inventory dried up, and I realized that I needed to diversify after I evaluated what the market was doing. Either that or go belly up. One always has to evaluate their situation and strategy or end up on the same path as the Duck-billed Platypus. Now the niche part. I have always “zagged” when everyone was “zigging.” I found out about investing in real estate notes and was both intrigued and amazed I could “be the bank!” The banks are where all the money is. They loan money at double digits and give you single-digit returns for opening an account with them. No wonder they give away Dum-Dums at the teller window! There is enough distressed debt to go around for everyone. There are so many ways to win by helping banks get rid of their bad debt, helping homeowners keep their homes, AND get greater than average returns on your money sitting idly in the bank waiting for the bank to make more money off you! Isn’t it time to change your “zig?” If you want to learn more, please call, text, email, or courier pigeon a message to me. Let’s talk!

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Why buy real estate notes?.

August 8, 2018
Why buy real estate notes?

“Gail, why are you investing in real estate notes? You were doing so well “fixing and flipping” properties!”

It’s a fair question given the fact I am a licensed real estate agent and have been buying and selling homes since I was a kid—literally. I was 19 when I bought my first home and had spent a childhood cleaning and painting my Dad’s and uncle’s rental properties. They were both successful real estate brokers in the San Francisco Bay Area so I did well for myself supplementing my allowance on weekends and during summer vacation. It also made me realize that, over time, true financial wealth and freedom can be had by investing in real estate.

We were doing fine in our business model of buying properties and either fixing them up and selling them or holding them for our personal portfolio. Then along came all of these ridiculous television shows “Fixing This Flop” and the like depicting how “easy” it is to make a fortune in real estate. Next thing I know, I am competing for scarce inventory against my fellow investors who know how to manage a renovation, newbies who think they know how to manage a renovation, and buyers who want to build sweat equity and live in the property. My profit margins suddenly dropped and I had to stay on top of every penny that went into a renovation. I danced in the streets if I manage to make anything over 12% net return on investment (ROI)!

Always being one to “zag” when everyone else is “zigging,” I started to research what options and opportunities existed in the real estate industry. We jumped on the “multi-family” and commercial wagon. So did all of the disgruntled seasoned investors who discovered what I was already starkly aware. The prices on those properties escalated too.

There is a constant barrage of “Real Estate Gurus” that tout the latest and greatest ways to make serious cash in the real estate investment world. Some say you can be successful with their “get rich quick” schemes. Others will say that you can get rich over time. The one thing I genuinely know is that cashflow is king/queen in this business. Living in hurricane alley makes it a real challenge to buy and hold properties for that coveted cashflow.

So what’s left? The other observation I’ve made in my life is that banks have money—and lots of it. They say “He/She who holds the gold gets to make all of the rules. Who has the gold? Banks do. I am almost embarrassed to admit I had no idea that a person could buy and sell notes. It makes sense since they are essentially personal property. There are notes secured by everything from automobiles to zebras! Well not zebras, per se, but pretty much everything in between. One can definitely invest in notes secured by real estate. In this country, there are trillions of dollars (yes, with a “T”) worth of defaulted mortgage notes. That surely limits the competition! Additionally, there is only about 4,000 note investors in this country. Although, I am not a gambling woman, I liked these odds.

Let’s get down to returns. Recall I mentioned I was struggling to make a 12% net ROI on my “flips?” Let’s just say that I smile, no I break out into laughter when I realize I was willing to stay on top of a project and scrimp and save to make that.

So what is this note investing all about? It is about being mobile. We invest all over the country and I am not anchored to a location until a project is complete. It means offering greater than average returns for those holding self-directed IRAs (SDIRA). It mean being able to help struggling borrowers keep their homes because the note holder is now is the bank. It means having a real estate investment or REO without worrying about a stopped up toilet or a vacancy. The bank gets paid every month no matter what! Cash flow without the headaches!

We welcome you to call us if you are interested in finding out if investing in distressed notes and assets might be something that would fit into your investment strategy. Please call, email, or text and I assure you that I will personally call you back so we can chat about this exciting way to build financial wealth and freedom SLOWLY! Slow and steady wins the race—the real estate investment race, that is!

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